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US average price of gas to exceed $4 a gallon this summer, GasBuddy predicts

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FILE A pump nozzle labeled "Super 95" is stuck in the tank opening of a vehicle at a gas station. (Photo by Sven Hoppe/picture alliance via Getty Images) WASHINGTON - Gas prices in the U.S.

are expected to continue climbing through the summer, according to analysts — citing a hike in global oil costs amid the Russian invasion of Ukraine and ongoing inflation issues.Gas prices in the U.S.

averaged $3.78 a gallon on Friday, up about $0.20 a gallon from a week ago, according to Patrick De Haan, head of petroleum and analysis at fuel-savings app GasBuddy.

In Los Angeles County, California, the average price of regular gasoline topped $5 for the first time this week.Haan said the company predicts that the average household will spend $2,745 on gasoline in 2022, up from $1,977 in 2021.Gas price prediction 2022GasBuddy this week released its updated outlook for the national average price of gasoline through 2022, showing that the average price per gallon could reach up to $4.25 in May and remain above $4 per gallon through October.

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